Marcus Ashworth, Columnist

Bondageddon Is Closer Than You Think. Watch the 30-Year

Yields are approaching an important line in the sand.

February 22, 2018 at 10:23 AM UTC

Marcus Ashworth is a Bloomberg Opinion columnist covering European markets. Previously, he was chief markets strategist for Haitong Securities in London.

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Bond traders have been absolutely riveted to the U.S. 10-year and it's hair-raising creep to 3 percent.

While that note's not exactly a sideshow, they should really be diverting some of their focus to the 30 year.